Herbal/traditional products in Ireland is set to maintain solid stable current value growth rates throughout the forecast period in retail current value terms. Rising health consciousness and growing concerns about the potentially harmful side-effects of standard OTC and Rx medications will continue to strengthen interest in herbal/traditional alternatives.
Brands have an opportunity to boost sales by educating consumers on the benefits and efficacy of herbal/traditional products. More awareness is likely to lead to higher consumer trust and broader market reach.
Over the next five years, the demand for herbal/traditional products in Ireland is likely to increase as consumers increasingly favour natural and holistic health solutions. This shift will be driven by rising awareness of the potential side-effects of synthetic ingredients, and a growing interest in preventive healthcare.
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Understand the latest market trends and future growth opportunities for the Herbal/Traditional Products industry in Ireland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Herbal/Traditional Products industry in Ireland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Herbal/Traditional Products
Botanicals or traditional remedies are products that have a long tradition of use, decades of established reputation, and are considered alternative remedies to standard medicine. Traditional medicine remedies such as Ayurveda, Traditional Chinese Medicine (TCM), Unani, Kampo, etc. are included. Homeopathic remedies are excluded. Only packaged products are tracked.
See All of Our DefinitionsThis report originates from Passport, our Herbal/Traditional Products research and analysis database.
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